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  • 【Financial Str. Release】China greenlights Mastercard JV for bank card clearing operations

    China's central bank on Sunday announced that it and the National Financial Regulatory Administration have approved an application by Mastercard's Chinese joint venture to conduct bank card clearing operations in the country.

    November21,2023


  • China greenlights Mastercard's JV for bank card clearing business

    China's central bank said Tuesday that it has approved an application by Mastercard's Chinese joint venture to conduct bank card clearing business in the country.

    February12,2020


  • Beijing issues prepaid cards for international visitors

    The Chinese capital introduced the Beijing Pass, a multi-purpose card for international visitors, on Wednesday, facilitating their payment for transportation, tourist sites and shopping centers.

    August01,2024


  • Shanghai issues prepaid travel cards for inbound travelers' convenience

    Shanghai has released Shanghai Pass, a multipurpose prepaid travel card, to facilitate easy payment by inbound travelers and other visitors not in favor of mobile payment.

    May22,2024


  • UnionPay cards to be issued in Europe

    UnionPay International, a subsidiary of China's UnionPay, the country's largest bank card payment processor, announced Monday that it has entered into strategic cooperation with the Portuguese bank, Banco Comercial Portugues (BCP).

    November21,2017


  • Lower transaction fees set to boost international bank card usage in China

    International bank card clearing institutions, such as Visa and Mastercard, have reduced transaction fees on overseas bank cards for Chinese merchants, a move expected to encourage more local merchants to accept these card payments.

    July04,2024


  • China issues 9.25 bln bank cards by end of 2021

    China had issued a total of 9.25 billion bank cards by the end of 2021, according to an industry report.

    September26,2022


  • UnionPay holds all the cards

    China UnionPay is ramping up efforts to expand its business in overseas markets to support the Belt and Road Initiative or BRI, in addition to facilitating fast growing personnel exchanges between China and the rest of the world.

    December28,2018


  • China issues 8.98 bln bank cards in total

    China had issued a total of 8.98 billion bank cards by the end of 2020, according to a blue paper.

    October18,2021


  • Jiangsu Jinling Sports (300651.SZ) to establish JV with ABEO

    Jiangsu Jinling Sports Equipment Co., Ltd (300651.SZ), a leading manufacturer of sports equipment and facilities, announced on Tuesday that it intends to establish a joint venture (JV) with ABEO.

    July20,2021


  • UnionPay holds all the cards

    China UnionPay, a Chinese bank card organization, is ramping up efforts to expand its business in overseas markets to support the Belt and Road Initiative or BRI and facilitating fast growing personnel exchanges between China and the rest of the world.

    December25,2018


  • China to improve customs clearance with updated health card

    China's customs authority will launch a new edition of its health declaration card, in which some requirements for travelers are removed to streamline customs procedures and enhance clearance efficiency.

    August26,2022


  • Vietnam plans to digitize healthcare cards

    Vietnam is planning to issue electronic health security cards to its citizens to verify their right to medical services, according to the country's government.

    February08,2017


  • China's Battery Maker Eve Energy to set up JV in the U.S.

    EVE Energy Co., Ltd, one of China's leading lithium-ion battery manufacturers, announced reaching agreements with Electrified Power, Daimler Truck, and PACCAR to invest in the establishment of a joint venture(JV) through its sub-subsidiary in the U.S. to enhance its battery production capacity, reported China Securities Journal.

    September11,2023


  • Qualcomm powers up for chip JV

    US chip giant Qualcomm Inc announced on Friday it will set up a new joint venture in China to build chips for entry-level smartphones, in a move to complement its existing high-end product portfolios.

    May27,2017


  • Hainan-based JV hailed as key green project at China-Japan environmental forum

    The joint venture (JV) set up by Chinese major hyaluronic acid producer Bloomage Biotech, Japanese firms ROHTO Pharmaceutical Co., Ltd. (ROHTO) and BioMimetics Sympathies (BMS) was recognized as a key green project at the 16th China-Japan Comprehensive Forum on Energy Saving and Environmental Protection, according to Bloomage Biotech on Monday.

    February14,2023


  • Green light to fast-track foreigners' green cards

    Pudong has introduced a new round of preferential policies, as well as a special agency for overseas talent, to attract and retain foreign professionals.

    December22,2017


  • Fijian students enjoy Chinese culture at Chinese embassy

    The Chinese Embassy in Fiji on Friday invited nearly 100 Fijian students and teachers from a local primary school to attend its first open-day event, with the aim of promoting Chinese culture and people-to-people exchanges between China and Fiji.

    November18,2024


  • International students enjoy "China Travel" in Chongqing

    Recently, "China Travel" has become a trending search term on multiple global social media platforms as international tourists are flocking to China's famed scenic spots and sharing their experiences online.

    July15,2024


  • BMW posts profitable H1 after Chinese JV consolidation

    BMW's net profit in the first half (H1) of this year soared by 73.6 percent year-on-year to a record 13.2 billion euros (13.5 billion U.S. dollars), the German carmaker said on Wednesday.

    August04,2022


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